| |
| |
(In millions, except for share data) |
2006 |
2005 |
Change |
|
|
For the Year |
|
|
|
Sales |
$8,850 |
$7,768 |
14% |
Operating income |
1,061 |
996 |
7% |
Net income |
723 |
712 |
2% |
Capital expenditures |
1,413 |
1,036 |
36% |
Operating return on net assets* |
10.6% |
10.5% |
|
Return on average shareholders' equity |
15.5% |
15.3% |
|
Per Share Dollars |
|
|
|
Basic earnings |
$3.26 |
$3.15 |
3% |
Diluted earnings |
3.18 |
3.08 |
3% |
Dividends |
1.34 |
1.25 |
7% |
Book value |
22.67 |
20.48 |
11% |
At Year End |
|
|
|
Shareholders' equity |
$4,924 |
$4,546 |
|
Shares outstanding |
217 |
222 |
|
Shareholders |
9,900 |
10,300 |
|
Employees |
20,700 |
20,200 |
|
*Operating income divided by five-quarter average of total assets less investments in equity affiliates. |
| |
|
|
